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A manager is doing business in a country that emphasizes informal, relational exchanges and has a relatively weak legal system. Why is relationship building important
A manager is doing business in a country that emphasizes informal, relational exchanges and has a relatively weak legal system. Why is relationship building important in this market? a Strong institutions eliminate political risk in all situations.b Relationship building fills the gap in strong legal protection.c Business relationships result in formal regulations.d Informal exchanges engage regulatory pillars in markets.
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